TOOD (Thermwood) ROCE %: -16.31% (As of Jul. 2001)


What is Thermwood ROCE %?

Thermwood TOOD ROCE % is -16.31% as of Jul. 2001.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Thermwood's annualized ROCE % for the quarter that ended in Jul. 2001 was -16.31%.

Thermwood  (OTCPK:TOOD) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Thermwood ROCE % Related Terms

Thermwood ROCE % Historical Data

* Premium members only.

The historical data trend for Thermwood's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thermwood ROCE % Chart

Thermwood Annual Data
Trend Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.17 30.57 15.25 28.63 0.35

Thermwood Quarterly Data
Oct96 Jan97 Apr97 Jul97 Oct97 Jan98 Apr98 Jul98 Oct98 Jan99 Apr99 Jul99 Oct99 Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.01 23.44 10.62 -15.76 -16.31

Thermwood ROCE % Calculation

Thermwood's annualized ROCE % for the fiscal year that ended in Jul. 2001 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2001 )  (A: Jul. 2000 )(A: Jul. 2001 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2001 )  (A: Jul. 2000 )(A: Jul. 2001 )
=0.024/( ( (13.348 - 6.07) + (12.193 - 5.624) )/ 2 )
=0.024/( (7.278+6.569)/ 2 )
=0.024/6.9235
=0.35 %

Thermwood's ROCE % of for the quarter that ended in Jul. 2001 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jul. 2001 )  (Q: Apr. 2001 )(Q: Jul. 2001 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jul. 2001 )  (Q: Apr. 2001 )(Q: Jul. 2001 )
=-1.108/( ( (12.986 - 5.971) + (12.193 - 5.624) )/ 2 )
=-1.108/( ( 7.015 + 6.569 )/ 2 )
=-1.108/6.792
=-16.31 %

(1) Note: The EBIT data used here is four times the quarterly (Jul. 2001) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -16.31% mean?
Thermwood (TOOD) has a ROCE % of -16.31% as of Jul. 2001.
Is Thermwood's ROCE % too high?
Thermwood's current ROCE % is -16.31%.
How does Thermwood's ROCE % compare to EVTN and NRBT?
Thermwood's ROCE % of -16.31% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.10. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.10, based on 3,032 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Industrial Products industry, the median ROCE % is 7.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermwood's current ROCE % is -16.31%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermwood stock overvalued right now?
Thermwood (TOOD) has a current ROCE % of -16.31%. The current ROCE % is -16.31%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Thermwood (TOOD), the current ROCE % is -16.31% as of Jul. 2001. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Thermwood Business Description

Address 904 Dale-Buffaloville Road, P.O. Box 436, Dale, IN, USA, 47523-9057
Thermwood Corp is engaged in the development, manufacture, and distribute technology-based products and software for manufacturing as well as provide formal technology training. The company caters to the needs of marine industry, medical industry, military/defense, construction industry, among others.